Fed Officials Split on Need for More Rate Hikes in June
TL;DR Summary
Federal Reserve officials unanimously agreed to raise interest rates at their meeting this month but were divided over whether additional increases would be necessary, with more officials signaling they were ready to pause. Fed Chair Jerome Powell suggested he was open to holding interest rates steady at the central bank’s June meeting.
- Fed Officials Were Divided Over June Rate Pause The Wall Street Journal
- 'Several' Fed officials said more rate hikes may not be needed, and other key takeaways from May minutes MarketWatch
- Fed Officials Saw Significant Uncertainty About the Need for More Rate Hikes Barron's
- A June pause in rate hikes would be a close call for Fed officials, minutes of last meeting show The Washington Post
- Fed agreed in May need for more rate hikes was 'less certain,' meeting minutes show Reuters.com
- View Full Coverage on Google News
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